Monday, February 16, 2009

Whats the difference in hardware needs between big business and small businesses? -

hardware like computers, telephones, fax machines...

a big business might have their own servers to run their websites on, big presentation screens, tons of networked computers, photocopiers, quality printers, etc etc

If your smart and your an online business, not much. They have huge servers, you can outsource servers for under $100 a month. You need professional telephone services get www.onebox.com. You need a professional address see www.HQ.com. You need a million dollar place to meet use www.HQ.com. If at home with the business write what you can off. Go to www.irs.com and ask an agent to send you in the mail ir direct yourself to the website to download what you can and cannot wrote off. You can 1099 your agents . Large corporations fill very large orders. So can you. Get a LOI (letter of intent) with full banking take it to and the bank that you have been using already that can be used (along with your satisfactory or great credit) as collateral. They will loan you the money for 30, 60, 90, or 120 days as long as you also have a one page business plan summary that explains in detail how your going to fill this order. Need live chat 24hrs online customer service use www.24-7intouch.com. Want expensive 4 color brochures and business stationary use www.stocklayouts.com. Need high end or semi high end things like office equiptment join a freecycle in your area. Otherwise use your credit (make sure it good) and fill out a Dell Premiere application and see how much credit you will get immediately. Also watch TV Shopping shows where they give you 3-6 payments to make on that item. Need a professional look shop at the local distressed assets company in your town. Marshals, Century21, Daffys, Filenes Basement, Burlington Coat Factory, etc etc. Even Walmart and Target. Need a great watch but a RENATO Beast from www.shopnbc.com or a RENATO Beauty for women. Very weighty substantial watches that wont break easily, look expensive, quality work, and will last a lifetime. Now often the only thing that stands apart are services. Outsource your services. You know a lawyer, guess what you now do legal consultations and have a Legal Dept . (Have a way for people to make appointments online and sync your lawyers schedule with the online one). You know a person that speaks 3 languages you now offer translation services and your business is Trilingual . (They scan and email the doc, you forward it to your friend, they type a translation, you accept payment, and they get emailed their doc translated). Etc etc etc. This isnt false advertising you have Outsourcing Services that work with companies in many industries . You think the BIG companies do everything ? NOT!Small business is responsible for 85% of USA income. Small business isnt small at all. The mom and pop stores, men in their garages and women at the kitchen table. Noone knows how big or small you are. All clients and customers care about is deliver on time what you promise in the most efficient, professional, and timely way with a smile. Period. Whats the difference? I dont know from where Im standing...

About as big as you can think of. A small business might ONLY need a cell phone to operate. Big businesses need entire infrastructures of IT and communication equipment worth MILLIONS.

Sunday, February 15, 2009

Where can you get capital without any assets banks are a no go and the sba offers little help? -

I have a Business idea that will require about 500,000 to one million and at the moment have no assets no credit and no money? Of course it s impossible but even if i did have lets say good credit and 10,000 dollars it would still be impossible so what to do I want my Business to work so I can be free.Ive heard of angel investors but they want like 40 70% control and only invest in larger companies that have a track record this is insane the world we live in

Unfortunately that is the way it is. Because of all the unsecured loans that have been given out in the past, it has made it very difficult to fine money for businesses today. I own a company that invests into smaller businesses but the main thing I am looking for is, WHEN DO IT GET MONEY BACK. This is what anyone that is willing to invest is looking for. Unfortunately you may have a great idea but if someone has the money, they have the power. It is rear we invest in company do not take at min of 51%, this is protection against my money. On thing your may think of doing, if you are friendly with you bank - ask the bank manager if he knows of any angle investors, not all want an arm and leg - these are people that are willing to invest into things the bank may not be comfortable investing in. (They are usually friends with the bank and tell the bank to send people their way) This is how I started, and how I repay the people that helped me get to where I am today. The money you are asking for - is going towards buying equipment of inventory? Be very careful sending anyone your information or ideas - a confidentiality and nondisclosure should be signed first, even for free advise. Good Luck

We all have great ideas but unlike you, we don t expect someone else to take all the risk if it fails but none of the reward if it works.If your idea is so great, get your parents and friends to loan you the money and pay them a pittance if you are successful but lose all their money if you fail.

No, it s perfectly sane.You just feel entitled. Get over it.

send me a copy of your biz plan

Talk to your parents

Copyrighting and or patenting? -

who should i talk to for questions about these topics? i am thinking of having something copyrighted and i need some info.who should i talk to?

For copyrighting, go to the government s website. You can get the forms you need right there. There are instructions too.

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How can I start my own plastic wholesale business? -

I want a plastic wholesale business. I just want to know:1. what are the basic requirements for it?2. Space area?3. Initial investment?4. What are the major plasic manufacturing companies?Any other relevant info is appreciated?

It all depends on where you are going to do it. You could do it in a cheaper country or a much more expensive country. Costs can vary widely, that part really can t be answered. As far as investment, its the same thing and this is what separates the people who fail from the people who succeed. I would first look at your plastic manufacturing companies. I would do a lot of researach, this isnt something that can just easily be answered, it all depends on a lot of things. Find your plastics wholesaler and then work from there and decide how much you can afford, and where your market is going to be, and how much you expect to make on that. Then you look at your expenses and look into housing and things like that.

Where would i find a sample business proposal for a consignment shop? -

http://www.biztree.com/Templates/Consign��

How can i sell??.....? -

So i make party flyers similiar to thishttp://c2.ac-images.myspacecdn.com/images02/109/l_6b949028bebb470abd81c218848b1e11.jpgfor party events . I want to know how can i sell my flyer design services??

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Saturday, February 14, 2009

Our salon has a credit card machine. Owner wants to charge us $1 per client + 5% of our tips. Is this normal? -

We have a credit card machine at our grooming salon. We work on straight commission and tips. There is no hourly wage. We earn a percentage of each dog that we groom. There is a tip line available on the credit card slip if clients feel that they want to leave a gratuity. Most of our customers do leave tips. The salon owner says that the machine and the tip line is costing her hundreds a month so she wants to have us give her $1 per client plus 5% of our tips. Is this normal at other pet grooming or human grooming salons? I know you can t give me an exact amount because it varies on the type of business, volume etc., but generally how much does the tip line cost and what is the average cost for a credit card machine per month?

Yeah, 5% is way too high - though it depends on the credit card that you re using -- I believe traditionally Amex takes the biggest percentage of each sale. There s also a rule, it was a MasterCard rule that you weren t allowed to charge customers more if they were charging. Now this doesn t apply here since you re not a customer, but the intent there is that they didn t want the use of a credit card to be perceived as a disadvantage compared to cash. In your boss s own way, that s what he s doing with you. I don t think it s specifically against their rules, but it goes against the intent.And as another poster suggested, it s not your fault people want to charge. It s your boss s decision to have the machine and he s done so because it s a sales advantage (or rather not having one would be a disadvantage).The $1 per client is bogus. Most POS vendors charge very little per month - if it s hundreds, they should find a different one. It s the percentage that s the big part, and if it s 5% it would only be because he has a bad credit rating or is considered a risk.

No, it is not really normal and is illegal in some states. Tell the owner that you are willing to renegotiate your contract but that what she is asking for is not reasonable.The credit card companies charge between 2-5% of the total transaction. A $1 fee per client transaction may be way more than that 2-5%. Sound to me like she is trying to get more revenue from you.

Credit card companies charge the owner of the service a fee for every transaction. On the plus side you may potentially get more business because a lot of people carry cards instead of cash. On the down side you have to pay all of the fees associated with accepting credit cards.

5% is too high. Maybe around 3%. I think merchants pay Visa and mastercard about 3% for the transaction.is she shuts down the line her customers will go away. that would be foolish way to save money. If you have any say in it tell her you will not tolerate it.

It kind of sucks for you, but also your boss needs to do whatever she needs to make sure her business is profitable.That said, you should confirm her exact expenses so you are not paying more than she pays. This shouold reimburse her, not be profitable for her.Her credit card fees can be set up various ways. Many charge a small fee per transaction ( a few cents) plus a small percentage. I usually see around 3% but it varies. Sometimes there is a flat monthly fee as well.My suggestion is to agree to split the percentage for the services and to agree to pay the percentage on the tips, BUT you should confirm with her what her fees actually are per transaction.

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